GLG TEXTO
ActiveGLG TEXTO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6k and a net result of €881. Equity is shrinking by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 23% of 1973 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-31
Solvency11▲+2
Growth58=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.62 against 0.68 in 2024), and 87.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 1973 sector peers (2025).
NBB · sector comparisonPosition among 1973 sector peers
Solvency
better than 23%
← weakest
strongest →
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €6k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
31 d late
2023
29 d late
2022
92 d late
2021
27 d late
2020
30 d late
2019
56 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▲ 16.0%
2024 · €6k
2018: €15k
2019: €6k
2020: €5k
2021: €9k
2022: €5k
2023: €4k
2024: €6k
2018 → 2025
Total assets
€52k▼ 36.2%
2024 · €81k
2018: €21k
2019: €21k
2020: €21k
2021: €15k
2022: €12k
2023: €11k
2024: €81k
2018 → 2025
Net result
€881▼ 53.5%
2024 · €2k
2018: €-365
2019: €-1k
2020: €-1k
2021: €4k
2022: €-4k
2023: €-1k
2024: €2k
2018 → 2025
Working capital
€-17k▲ 29.7%
2024 · €-24k
2018: €15k
2019: €6k
2020: €5k
2021: €9k
2022: €5k
2023: €4k
2024: €-24k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€5k▼ 42.9%€4k▼ 27.4%€6k▲ 52.3%€6k▲ 16.0%
Operating result€6k-€-4k€-1k▲ 67.6%€2k€1k▼ 35.6%
Net result€4k-€-4k€-1k▲ 63.5%€2k€881▼ 53.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52k
Fixed assets
€23k▼ 21.2%
Current assets
€28k▼ 44.9%
Equity and liabilities €52k
Equity
€6k▲ 16.0%
Debt
€45k▼ 40.0%
The debt ratio falls from 93.2% to 87.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€8k▲
2024 · €4k
Cash flow
€7k▲
2024 · €3k
Solvency
12.3%▲
2024 · 6.8%
Current ratio
0.62▼
2024 · 0.68
Quick ratio
0.62▼
2024 · 0.68
Debt / equity
7.10▼
2024 · 13.73
ROE
13.8%▼
2024 · 34.4%
ROA
1.7%▼
2024 · 2.3%
Interest coverage
24.23▲
2024 · 21.41
Debt
€45k▼
2024 · €76k
Debt ≤ 1 year
€45k▼
2024 · €76k
Income taxes
€254▲
2024 · €199
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€81k€52k▼
Fixed assets21/28€30k€23k▼
Tangible fixed assets22/27€30k€23k▼
Furniture and vehicles24€30k€23k▼
Current assets29/58€52k€28k▼
Amounts receivable within one year40/41€38k€7k▼
Trade receivables40€38k€7k▼
Cash at bank and in hand54/58€12k€21k▲
Deferred charges and accrued income490/1€1k€692▼
Equity and liabilities
Total equity and liabilities10/49€81k€52k▼
Equity10/15€6k€6k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-3k€-2k▲
Amounts payable17/49€76k€45k▼
Amounts payable within one year42/48€76k€45k▼
Trade debts44€30k-
Suppliers440/4€30k-
Taxes, remuneration and social security45€3k€1k▼
Taxes450/3€3k€1k▼
Other amounts payable47/48€43k€44k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€6k▲
Other operating charges640/8€1k€541▼
Gross operating margin9900€5k€8k▲
Operating profit (loss)9901€2k€1k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€166€320▲
Recurring financial charges65€166€320▲
Profit (loss) for the period before taxes9903€2k€1k▼
Income taxes67/77€199€254▲
Profit (loss) for the period9904€2k€881▼
Profit (loss) for the period to be appropriated9905€2k€881▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-2k▲
Profit (loss) brought forward from the previous period14P€-5k€-3k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-12
Financial
Weakest financial yearnet €-4k ▼192%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Duivenschieting 811150 Sint-Pieters-WoluweGround area
180 m²
Building footprint
64 m²
Volume, LiDAR
571 m³
Parcel 21683D0371/00D065, Brussels · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Duivenschieting 81, 1150 Sint-Pieters-Woluwe
since 20142.226.993.603
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0371/00D065 | Brussels | 180 m² | 1 · 64 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,656 companies in sector 90111 we hold annual accounts for 381. 213 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-2014
Fiscal year end31-12
Activities, NACEBEL
90031Arts creation and performing arts activities
90111Literary creation
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.